- Yi: + 84.42
- Attempting to bottom out: BIDU, CBRL, PPLT, RGLD
- Extremely oversold: NYCB
- Oversold: VYX
- Moderately oversold: M, PFE
- Trying to hold some rising trend line support: BITQ, CSX, MARA
- Attempting to hold the 28: B, PG, RIOT
- Up against the 28: APD, INTC, JNUG, WOLF
- Up against falling trend line resistance: SIVR, $XAU
- Moderately overbought: AIG, F, GM
- Overbought: ETCG, GM, HBI, NTAP
- Extremely overbought: DELL
- Toppy: BITW
- ABEWISUF: MMM, OMC, USB
- Anything posted may be off base.
For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
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